Formed After World War II, Which Alliance Was Created with the Intent

question 13

Multiple Choice

Formed after World War II, which alliance was created with the intent of bringing together Western states as a counter to the Warsaw Pact?

• A) UN, the United Nations
• B) NATO, the North American Trade Organization
• C) NATO, the North Atlantic Treaty Organization
• D) the Marshall Plan

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Definitions:

Materials Quantity Variance

The variance arising from the actual amount of materials utilized in manufacturing compared to the anticipated standard quantity, times the standard expense for each unit.

Labor Efficiency Variance

The variance between the number of hours actually worked and the anticipated standard hours, times the normal rate per hour.

Labor Rate Variance

A metric used to measure the difference between the actual rate paid to workers and the expected (or standard) rate.

Direct Labor

The labor cost attributed directly to the production of goods or services.